Cotton Extending Weakness to Thursday

Group 1 - Cotton futures are experiencing midday losses ranging from 56 to 93 points, indicating a downward trend in the market [1] - The US dollar index increased by $0.540 to reach $97.060, while crude oil futures decreased by $0.36 [1] - The USDA reported upland cotton export business at 186,108 running bales (RB) for the week ending September 11, with shipments at a three-week low of 120,493 RB [1] Group 2 - The Seam reported the sale of 4,975 bales of cotton on Wednesday at an average price of 65.23 cents per pound [2] - The Cotlook A Index rose by 100 points to 79.10 cents on September 17, reflecting a slight increase in cotton pricing [2] - ICE cotton stocks remained steady on September 17, with certified stocks at 15,474 bales [2] - The USDA's Adjusted World Price (AWP) decreased by 21 points last week to 54.10 cents per pound, indicating a decline in global pricing [2] - Cotton futures for October 25 are at 64.93 cents, down 93 points; December 25 at 66.66 cents, down 59 points; and March 26 at 68.64 cents, down 56 points [2]